Anyone felt the pinch yet?

Notice a good proportion of my hotels are quiet this week. But with the jubilee round the corner and pride the week after maybe folk are simply saving their trips for that.

Cant help but feel the media are driving a lot of it. They seem hell bent on us heading into a recession. Making people panic and stop spending.

They should be telling everyone its all gravy.

Only area Ive felt it is diesel. £154 to fill my van the other day. That's taking the piss.

35 minutes ago, mickbrown said:

Don't know how true these figures are but......

 

 

I think it may be true but I think it is something to do with how firms buy on the international market in advance. Or something like that.

No doubt that people on the lowest wages are going to suffer horribly over the next year but all but the most wealthy could be affected by what’s happening. People live to their means and set budgets based on what they expect will be happening. Doesn’t matter if you’re earning £20k or £100k, very few people will have had enough slack in their budgets to allow for the sorts of increases we’re all being affected by at the moment. These aren’t the sorts of amounts you can find just by saving a few pounds on your weekly shop or skipping a couple of drinks at the pub. Tough tough times ahead.

Spot on wiggy, almost everybody is suffering hardship from this, not just those considered the poorest and the government need to take serious actions to overcome it. As you say, just a few quid here or there just won’t cut it.

34 minutes ago, Winchester White said:

I think it may be true but I think it is something to do with how firms buy on the international market in advance. Or something like that.

Yep, folk in the comments were saying that were saying as much.

45 minutes ago, Traf said:

Youngest is at Sixth Form, but it's a Grammar school, so still has a uniform.

They're trying to combat the rising prices by dropping the insistence of an official school jumper with embroidered logo and pupils can now wear a plain navy, grey or black jumper of sweatshirt.

Sounds sensible. It's the skirts that seem to costs the most, and they changed the full uniform last year as the school's full rebuild was completed.

 

16 minutes ago, wiggy said:

No doubt that people on the lowest wages are going to suffer horribly over the next year but all but the most wealthy could be affected by what’s happening. People live to their means and set budgets based on what they expect will be happening. Doesn’t matter if you’re earning £20k or £100k, very few people will have had enough slack in their budgets to allow for the sorts of increases we’re all being affected by at the moment. These aren’t the sorts of amounts you can find just by saving a few pounds on your weekly shop or skipping a couple of drinks at the pub. Tough tough times ahead.

Yeah this is going to hit huge swathes of the population. With the housing market as it is people at all levels are stretched and will have limited room in their budgets to absorb these costs. The interest rates increasing, fixed term mortgages coming to an end, the help to buy scheme interest free periods starting to approach this could really be a dangerous situation.  If we see a housing market crash and lots of people plunged into negative equity then it will be horrendous for many.

5 hours ago, gonzo said:

Mrs has just done £200 in about 45 minutes in school uniform shop. 

Kinky

 

 

Edited August 9, 20223 yr by Sweep

I can foresee some communities just not paying and being mob handed when anyone turns up to cut them off.

Should have voted Jazza instead of that spunk monkey brained Johnson.

4 hours ago, Not in Crawley said:

Sounds sensible. It's the skirts that seem to costs the most, and they changed the full uniform last year as the school's full rebuild was completed.

 

Yeah and girls can wear trousers too.

1 hour ago, Duck Egg said:

I can foresee some communities just not paying and being mob handed when anyone turns up to cut them off.

Riot training being rolled out very fast within the cops

8 minutes ago, Casino said:

Riot training being rolled out very fast within the cops

Who can afford a molotov cocktail these days?

1 hour ago, Traf said:

Yeah and girls can wear trousers too.

Not at an all girls grammar they can't.

4 hours ago, Sweep said:

Kinky

 

 

You been outside my kids school?

2 hours ago, Not in Crawley said:

Not at an all girls grammar they can't.

I was referring to the school my youngest goes to.

We are looking at £3800 a year at the moment, god knows what it is going to hit next year.  

5 hours ago, Not in Crawley said:

You been outside my kids school?

If that's your daughter give me a shout if you need a babysitter.

25 minutes ago, DazBob said:

If that's your daughter give me a shout if you need a babysitter.

It's not a line you want to put on any CV

5 hours ago, Not in Crawley said:

It's not a line you want to put on any CV

If that was my Daughter 

i would still be Bathing her 

2 hours ago, little whitt said:

If that was my Daughter 

i would still be Bathing her 

You wouldn't reach her knee.

Spoke to a few energy companies yesterday, were with UW and they're trying to get people to sign up to a 33% fixed rate. 

Rang around and one of these comparison brokers rang me, asked me what the estimated was, what were actually using and what we are paying. 

Uw estimated by locking in, we will be paying 290 a month compared to 350 if we lock in. The comparison geezer had it at 400 if we lock in with the cheapest.. fwiw, since our direct debit went up at beginning if April, we are currently 450 in credit paying 210 a month. 

No idea what to do for the best, but seems a bad idea to lock into a 33% rise, when the media are screaming it could be 80% rise.. the cynical part of me reckons a lot of it is energy companies wanting people to lock into higher rates, making out it will be a benefit.. 33% being 47% cheaper, they must know something if they can offset loads of people being on that low a tariff, or, be making a daft amount of profit. 

what does the cap actually mean - is that a max amount per unit

obvs, it cant be the total bill

we currently pay 140 a month and wife cba looking when it runs out

im hoping its no more than 300 as ive saved that difference by getting phone and sky bills down

20 hours ago, Winchester White said:

I think it may be true but I think it is something to do with how firms buy on the international market in advance. Or something like that.

Yes it’s know as hedging. Do it at our place for materials.

21 hours ago, Traf said:

Youngest is at Sixth Form, but it's a Grammar school, so still has a uniform.

They're trying to combat the rising prices by dropping the insistence of an official school jumper with embroidered logo and pupils can now wear a plain navy, grey or black jumper of sweatshirt.

That will save about £3.

Martin Lewis saying for every £100 you spend on energy now will be £180 in October and £215 from January. 

If that's correct my DD will be £530 a month for me by January. 

FML